Category: Semafor

Chinese exports of solar panels, wind turbines, batteries, and EVs prevented 374 million metric tons of carbon dioxide emissions last year, more than the annual emissions of the UK, new analysis found. The findings from the Centre for Research on Energy and Clean Air show how rapidly falling solar and ...

Southeast Asian countries are continuing a $160 billion gas buildout, even as the Middle East conflict exposed the import-dependent region’s vulnerability to supply shocks and high prices. Analysis by Global Energy Monitor shows more than 100 gigawatts of gas power and 70 million tonnes per year of LNG import capacity ...

, by Hernan Diaz. The Pulitzer Prize-winner’s new science fiction novel is set in a dystopian New York City where companies have established a monopoly over electricity. ’s protagonist is a young woman who works as a “pincher,” someone who makes a living stealing back energy from the privatized grid ...

The US is reportedly preparing a plan to ban diesel exports for 90 days, as the White House mulls acting on record-high fuel prices over the objections of several cabinet members. The Treasury secretary has privately lobbied against the idea, according to Politico, while the energy secretary said that such ...

Iran’s president said Wednesday that he was open to talks to end the war, but warned that Tehran wouldn’t surrender its nuclear program or “bow” to the US. His defiant UN speech came after US President Donald Trump threatened to “annihilate” Iran. The rhetoric doesn’t bode well for Trump, whose ...

Chinese leader Xi Jinping is set to arrive in Washington on Wednesday, but likely without a coterie of corporate leaders, dimming already-low expectations of potential business deals between the superpowers. Earlier reports suggested Xi could be accompanied by BYD and CATL executives among others, but US officials were reportedly reluctant ...

Chinese leader Xi Jinping is expected to bargain from a position of strength in his meeting with US President Donald Trump this week, even as Beijing battles mounting economic headwinds at home. As youth unemployment hovers near 20%, many graduates are now “pretending to go to work,” clogging up public ...

The US 10-year Treasury yield surged to a new 19-year high Wednesday, as more hot economic readings boosted expectations of further interest rate increases. The latest manufacturing data underscored the boom in US business activity and showed the “greatest recorded [increase] since early 2015,” an economist said, noting that input ...

The Scoop UN agencies are putting a premium on diversifying where they source technology and computing power — away from solely American providers. Last year’s US sanctions on the International Criminal Court, and Anthropic’s Mythos model cutoff earlier this year, provided a “wake-up call” about relying on single — mostly ...

South Africa’s post-apartheid Black empowerment rules are holding back billions of dollars in American capital, Washington’s ambassador said. L. Brent Bozell III, reiterating US criticism of measures aimed at redressing inequalities caused by apartheid, singled out mandatory local equity transfers in mining and telecoms as a barrier to investment. Since ...